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Relationship Manager Average Salary in Mexico City 2024

How much money does a person working as Relationship Manager make in Mexico City?


Average Monthly Salary
62,900 MXN
( 755,000 MXN yearly)

LOW
32,100
MXN
AVERAGE
62,900
MXN
HIGH
96,900
MXN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Relationship Manager in Mexico City typically earns around 62,900 MXN. Salaries range from 32,100 MXN (lowest) to 96,900 MXN (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Relationship Manager salaries in Mexico City vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Relationship Manager Pay Scale and Salaries in Mexico City

Median and salary distribution Mexico City Relationship Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
57,400 MXN or more
10% of people earn
51,000 to 57,400 MXN
20% of people earn
36,900 MXN or less
65% of people earn
36,900 to 51,000 MXN
Minimum Salary
32,100 MXN
Median
57,700 MXN
Maximum
96,900 MXN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Relationship Manager in Mexico City range from 32,100 MXN (starting salary) to 96,900 MXN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 57,700 MXN, half of the professionals who work as Relationship Manager in Mexico City earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Relationship Manager in Mexico City earn less than 47,600 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 65,600 MXN while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Relationship Manager in Mexico City compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 36,900 MXN to 51,000 MXN. About 20% of salaries are below the 36,900 MXN mark, while 10% fall within the range of 51,000 MXN to 57,400 MXN. Only 5% of individuals have salaries exceeding 57,400 MXN.

Salary Comparison by Years of Experience / Relationship Manager / Mexico City

How do experience and age affect pay?

0 - 2 Years
36,000 MXN
2 - 5 Years+31%
47,000 MXN
5 - 10 Years+40%
65,800 MXN
10 - 15 Years+20%
79,000 MXN
15 - 20 Years+9%
85,800 MXN
20+ Years+8%
92,600 MXN
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Mexico City Relationship Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Relationship Manager and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 36,000 MXN.

While someone with an experience level between two and five years is expected to earn 47,000 MXN, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 65,800 MXN, 40% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 79,000 MXN, 20% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 85,800 MXN, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 92,600 MXN, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Relationship Manager / Mexico City

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Relationship Manager.

High School
43,100 MXN
Certificate or Diploma+15%
49,600 MXN
Bachelor's Degree+41%
69,600 MXN
Master's Degree+29%
89,700 MXN
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Mexico City Relationship Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Relationship Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 43,100 MXN.


Level 2: Certificate or Diploma

At this level, the average salary becomes 49,600 MXN, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 69,600 MXN, 41% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 89,700 MXN, 29% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Mexico costs anywhere from 167,000 MXN to 500,000 MXN and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Relationship Manager / Mexico City

Salary comparison by gender Mexico Relationship Manager monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Relationship Manager in Mexico, the average difference between the salary of male and female employees is 14%.

Male
50,100 MXN
Female-12%
43,900 MXN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mexico for all Careers

Salary comparison by gender monthly Mexico
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Average Annual Salary Increment Percentage / Relationship Manager / Mexico City

How much are annual salary increments in Mexico City for individuals working as Relationship Manager? How often do employees get salary raises?

Individuals working as Relationship Manager in Mexico are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico Relationship Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Mexico / All Professions

Annual Salary Increment Rate Mexico
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Mexico is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Relationship Manager / Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico Relationship Manager
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Relationship Manager / Mexico City


360 MXN per hour

The average hourly wage (pay per hour) for individuals working as Relationship Manager in Mexico City is 360 MXN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Relationship Manager in Mexico City is 190 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Sales Retail and Wholesale-100%
Account Manager47,300 MXN-25%
Account Officer26,700 MXN-58%
Area Manager51,100 MXN-19%
Area Sales Director84,800 MXN+35%
Area Sales Manager74,200 MXN+18%
Assisstant Store Supervisor29,600 MXN-53%
Assistant Department Manager34,800 MXN-45%
Assistant Retail Store Manager41,400 MXN-34%
Branch Manager56,000 MXN-11%
Branch Supervisor42,500 MXN-32%
Cashier16,600 MXN-74%
Cashier Manager37,100 MXN-41%
Commercial Sales Manager66,900 MXN+6%
Conversion Rate Optimization Specialist58,700 MXN-7%
Corporate Sales Manager63,400 MXN+1%
Data-driven Sales Analyst50,600 MXN-20%
Depot Manager50,500 MXN-20%
Depot Supervisor46,000 MXN-27%
Deputy Sales Manager50,000 MXN-20%
Direct-to-Consumer Sales Executive60,700 MXN-3%
Director of Sales83,700 MXN+33%
Distribution Director59,600 MXN-5%
District Leader44,300 MXN-30%
District Manager53,300 MXN-15%
District Sales Manager51,800 MXN-18%
E-commerce Consultant53,400 MXN-15%
External Sales Account Manager50,100 MXN-20%
Field Sales Representative34,600 MXN-45%
Furniture Sales Associate23,100 MXN-63%
Global Wholesale Manager93,700 MXN+49%
Head Cashier34,800 MXN-45%
Head of Direct Sales66,700 MXN+6%
Head of Retail63,100 MXN+0%
Head Teller34,400 MXN-45%
Inside Sales25,500 MXN-59%
Inside Sales Account Manager42,800 MXN-32%
Inside Sales Engineer32,600 MXN-48%
Inside Sales Executive47,600 MXN-24%
Inside Sales Representative29,300 MXN-53%
Internal Sales Manager51,200 MXN-19%
Inventory Manager50,600 MXN-20%
Key Account Manager50,600 MXN-20%
Medical Device Sales37,900 MXN-40%
Medical Device Sales Representative41,400 MXN-34%
Merchandiser33,900 MXN-46%
Mobile App Sales Representative40,900 MXN-35%
National Account Manager65,700 MXN+4%
National Customer Solution Specialist57,000 MXN-9%
National Sales Manager94,100 MXN+50%
Omni-Channel Sales Coordinator41,200 MXN-34%
Online Crafts Merchant34,700 MXN-45%
Online Marketplace Manager54,300 MXN-14%
Outside Sales Representative35,200 MXN-44%
Parts Salesperson28,600 MXN-55%
Personalization Strategist49,800 MXN-21%
Project Development Manager54,800 MXN-13%
Project Manager55,700 MXN-11%
Project Sales Executive57,600 MXN-8%
Purchasing and Sales Executive81,300 MXN+29%
Quotation Engineer27,000 MXN-57%
Regional Sales Director86,800 MXN+38%
Regional Sales Manager89,000 MXN+42%
Relationship Manager62,900 MXN+0%
Retail Merchandiser20,500 MXN-67%
Retail Operations Manager52,600 MXN-16%
Retail Sales Associate37,900 MXN-40%
Retail Sales Representative33,300 MXN-47%
Retail Salesperson27,900 MXN-56%
Retail Store Manager55,100 MXN-12%
Retail Store Sales Person28,100 MXN-55%
Revenue Manager51,200 MXN-19%
Sales Account Manager61,100 MXN-3%
Sales Admin Executive65,400 MXN+4%
Sales Administration Manager66,700 MXN+6%
Sales Analyst51,600 MXN-18%
Sales Assistant20,500 MXN-67%
Sales Associate27,000 MXN-57%
Sales Consultant39,300 MXN-38%
Sales Coordinator28,500 MXN-55%
Sales Development Representative35,600 MXN-43%
Sales Director86,000 MXN+37%
Sales Engineer31,000 MXN-51%
Sales Executive57,600 MXN-8%
Sales Manager71,900 MXN+14%
Sales Officer30,100 MXN-52%
Sales Planner45,800 MXN-27%
Sales Planning Analyst47,400 MXN-25%
Sales Representative26,800 MXN-57%
Sales Service Associate26,600 MXN-58%
Sales Specialist42,300 MXN-33%
Sales Supervisor44,700 MXN-29%
Sales Support21,000 MXN-67%
Sales Support Manager46,500 MXN-26%
Sales Team Leader45,800 MXN-27%
Sales Trainer53,000 MXN-16%
Securities Sales Agent48,000 MXN-24%
Shipper / Receiver21,700 MXN-65%
Shop Manager47,100 MXN-25%
Social Media Sales Manager61,900 MXN-2%
Store Development Administrator34,300 MXN-45%
Store Manager52,500 MXN-17%
Subscription Box Curator48,700 MXN-23%
Supply Chain Sustainability Manager55,400 MXN-12%
Territory Sales Manager74,200 MXN+18%
Territory Sales Representative41,100 MXN-35%
Trade Marketing Officer50,200 MXN-20%
Treasury Officer42,400 MXN-33%
Vice President Sales71,400 MXN+14%
Visual Merchandiser24,200 MXN-62%
Voice Commerce Specialist40,600 MXN-35%
Wholesale Data Analyst48,200 MXN-23%
Wholesale Inventory Manager60,000 MXN-5%
Wholesale Marketing Manager63,400 MXN+1%
Wholesale Operations Manager71,200 MXN+13%
Wholesale Sales Representative44,000 MXN-30%

Salary Comparison By City

CityAverage Salary
Cancun54,800 MXN
Guadalajara58,500 MXN
Mexico City62,900 MXN

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.

Private Sector
32,000 MXN
Public Sector+9%
34,800 MXN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Relationship Manager in Mexico City?

A good and competitive compensation would range anywhere between 57,700 MXN and 65,600 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Relationship Manager in Mexico City ranges from 32,100 MXN to 47,600 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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